Result of AGM

RNS Number : 5107S

Next PLC

19 May 2009

 



Contacts:	David Keens, Group Finance Director
	NEXT PLC
	Tel:  [phone]
	Alistair Mackinnon-Musson
	Nathan Field
	Hudson Sandler
	Tel: [phone]
	Email:    [e-mail]

NEXT PLC

Results of 2009 Annual General Meeting ('AGM')

The Board of Next plc is pleased to announce that, at the AGM of Next shareholders held on 19 May 2009, all resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 24 January 2009 were passed. All resolutions were put to the meeting and approved on a poll and results are detailed below.

The total number of shares in issue at the date of the AGM is 197,096,687.

		For		Against		TOTAL VOTES CAST	Votes withheld1
Resolution	Special / Ordinary	No. of Votes	%	No. of Votes	%	No. of Votes	No. of Votes
1. To receive and adopt the accounts and reports of the directors and auditors	Ordinary	133,307,991	99.99	10,885	0.01	133,318,876	1,811,471
2. To approve the remuneration report	Ordinary	102,136,261	82.04	22,353,217	17.96	124,489,478	10,640,868
3. To declare a final dividend of 37p per share	Ordinary	133,229,536	99.99	10,693	0.01	133,240,229	1,890,118
4. To re-elect Christos Angelides as a director	Ordinary	132,994,663	99.76	315,575	0.24	133,310,238	1,820,109
5. To re-elect John Barton as a director	Ordinary	132,330,343	99.34	876,494	0.66	133,206,837	1,923,509
6. To re-appoint Ernst & Young LLP as auditors and authorise the directors to set their remuneration	Ordinary	133,289,225	99.98	33,027	0.02	133,322,252	1,808,095
7. To approve the Next 2009 Sharesave Plan	Ordinary	133,166,909	99.9	133,457	0.10	133,300,366	1,829,981
8. To approve the Next Risk/Reward Investment Plan	Ordinary	120,754,164	90.7	12,375,676	9.30	133,129,840	2,000,506
9. Authority to allot shares	Ordinary	128,578,119	96.53	4,627,364	3.47	133,205,483	1,924,863
10. Authority to disapply pre-emption rights	Special	133,253,373	99.97	46,501	0.03	133,299,874	1,830,473
11. Authority for on-market purchase of own shares	Special	130,667,751	99.35	851,817	0.65	131,519,568	3,610,778
122. Authority to enter into Programme Agreements with each of Goldman Sachs International, UBS AG, Deutsche Bank AG and Barclays Bank plc Less votes disregarded under the provisions of Section 164(5) of the Companies Act 1985 Resolution 12 total	Special	125,072,220 (9,800,000)2  115,272,220	94.98 94.58	6,606,635	5.02 5.42	131,678,855 (9,800,000)2 121,878,855	3,451,491
13. To authorise the calling of general meeting (other than annual general meetings) on 14 clear days' notice	Special	129,501,841	97.20	3,730,027	2.80	133,231,868	1,898,479

Note:  The 'Vote Withheld' option is provided to enable the shareholder to abstain on any resolution. It is not a vote in law and is not counted in the calculation of the proportion of votes for and against a resolution.

Note2: The total maximum number of Ordinary Shares which may be purchased by Next for cancellation pursuant to such contingent purchase contracts is 9.8 million. As explained in the Notice of Meeting, Next has disregarded 9.8 million votes from both the total number of votes cast in favour of the resolution and the total votes cast so that the voting of those shares did not affect the result of the poll.

Two copies of the resolutions passed as special business at the AGM have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at Financial Services Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS. 

 

END

 

 

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